Inc42

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BharatPe Completes Acquisition Of Majority Stake in NBFC Trillion Loans

Fintech major BharatPe Group on Tuesday (May 2) said it has completed the acquisition of a 51% stake in Trillion Loans

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Ecommerce Solutions Provider ace turtle Bags $34 Mn Funding From Vertex Growth, Others

ace turtle raised the funding from Vertex Growth, SBI Investment Co. Ltd., Farglory, Stride Ventures, and Trifecta Capital, among others

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Kunal Shah’s Newtap Technologies In Talks To Raise $50-70 Mn

Kunal Shah’s CRED is looking to raise $50-70 Mn for its non-banking finance (NBFC) platform Newtap Technologies

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Pocket FM Bags $16 Mn Debt Funding From Silicon Valley Bank

Audio OTT platform Pocket FM has bagged a debt funding of $16 Mn from Silicon Valley Bank.

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BJP Promises INR 5,000 Cr Fund Of Funds For K’taka Startups Ahead Of Polls

Ahead of the state elections in Karnataka, the BJP has promised a fund of funds worth INR 5,000 Cr to invest in startups in ‘sunrise sectors’.

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Myntra Launches GenZ-Focussed Fashion Portal ‘FWD’ On Its Platform

Starting the first week of the launch, the Myntra FWD offering will be highlighted via a bottom navigation bar on the Myntra app.

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Swiggy Axes Gourmet Grocery Delivery Vertical Handpicked

Swiggy has closed another of its verticals for a leaner business, this time the gourmet grocery delivery vertical Handpicked.

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How Orios-Backed HYPD Is Disrupting Content Commerce For 20 Mn Indian Creators

HYPD announced that it has raised $4 Mn as part of a Pre-Series A funding round led by Orios Venture Partners.

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Why Is BYJU’S Under The ED Hammer?

Enforcement Directorate (ED) conducted search and seizure operations at three premises linked to BYJU’S in connection with money laundering

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PhysicsWallah Invests $10 Mn To Launch 50 Vidyapeeth Centers Across India

PhysicsWallah has launched its 50 offline centres, branded as ‘Vidyapeeth Centers’, with an investment of about $10 Mn in tech innovation.